Company leaders across industries are telling Jim Cramer — off the record — that they’re worried about a slowdown in the U.S. economy, Cramer said… Read More:
Category: US & GLOBAL ECONOMY
Oil Prices Crash, But Oil Majors Aren't Panicking – OilPrice.com
In just one month, everyone stopped talking about $100 oil. In six weeks, oil prices slid into a bear market from four-year highs in early… Read More:
What your jeans can tell you about the global economy – WVTF
Whether you credit the president or the Fed for the country’s booming economy, there is one indicator that things are going well: clothing sales. The… Read More:
US households will get a $40 billion windfall from falling oil prices – Yahoo Finance
View photos These prices are gone for the time being and it’s good for people’s wallets. (AP Photo/Alex Brandon, File) More Oil prices have fallen over… Read More:
Global Economic Rebirth Will Have to Start at Home – RealClearMarkets
X Story Stream recent articles In a country now infamous for false dawns, the one in 1991 really stands out. The Japanese economy had spent… Read More:
A fintech's bait for banking's big fish – American Banker
Self Lender, a fintech designed to help consumers build their credit, is launching a secured credit card next year in the hopes of attracting big-bank… Read More:
US economy looks solid but worries lurk in the details – FRANCE 24
WASHINGTON (AFP) – The US economy is producing solid statistics showing it remains in prime health, but a closer look at reports released Thursday revealed less… Read More:
Stock Market News: Nasdaq Reverses Higher On Trade-Talk Optimism – Investor's Business Daily
It was another volatile session for the stock market in afternoon trading Thursday, but buyers clearly had the upper hand. The Nasdaq erased a 0.9%… Read More:
US oil prices end higher, but off session high – MarketWatch
U.S. oil futures settled higher on Thursday, clawing back from the nearly one-year low it settled at earlier this week. Prices, however, ended off the… Read More:
Falling Oil Prices Will Hurt Texas and Help California – Barron's
Photograph by Ashley Fisher The price of West Texas Intermediate benchmark oil has dropped nearly 25% since the beginning of October. Gasoline prices have already… Read More:
Stock Market Slide: What's The Big Picture? – Forbes
Stock Market Slide: What’s the Big Picture?Photo Credit: Shutterstock What’s going on with the stock market? We saw a pullback in October but then a… Read More:
Artificial intelligence summit adresses impact of technology on jobs and global economy – MIT News
This week MIT hosted its second annual summit on “AI and the Future of Work,” bringing together representatives from industry, government and academia to discuss the… Read More:
Charlotte regains its place as No. 2 US banking center. Will it keep it? – Charlotte Observer
Charlotte has reclaimed its coveted title as the nation’s second-largest banking center, as a regulator’s restriction on growth at San Francisco-based Wells Fargo has caused… Read More:
Oil Prices Rise for Second Straight Session – Wall Street Journal
3 Comments By Dan Molinski and Dan Molinski The Wall Street Journal Biography @molinskidan dan.molinski@wsj.com Sarah MacFarlane Updated Nov. 15, 2018 4:15 p.m. ET •Oil… Read More:
Democrats and Republicans agree: The bull market will likely end within two years – CNN
Fifty-three percent of Republican investors say the bull market will end within the next two years, according to an E*Trade survey shared exclusively with CNN… Read More:
Crash: Bitcoin And The Stock Market On The Brink – Forbes
I’ve been writing about how bitcoin has been in an increasingly tight range and how when it breaks out it should run in that direction… Read More:
HarborOne in Mass. hires former Santander exec to run retail banking – American Banker
HarborOne Bank in Brockton, Mass., has hired a former Santander Bank executive to oversee its retail banking operations. Brenda Kerr oversees retail banking at HarborOne… Read More:
Trump's Stock Market Record Is Still Great – Bloomberg
Read Kimberly’s latest article discussing daily headlines Was Israel Defeated This Week? Posted: November 15, 2018 A new harbinger came to Temple Mount this week.… Read More:
Mortgage rates plateau amid stock market fluctuations – Washington Post
The 30-year fixed-rate average was unchanged at 4.94 percent. (J. Lawler Duggan for The Washington Post) Kathy Orton Reporter and editor covering the Washington metropolitan… Read More:
Russia's Most Powerful Oilman: We're Fine With Any Oil Price – OilPrice.com
Rosneft is fine with any level of oil prices, chief executive Igor Sechin told Kommersant radio station as quoted by news agency TASS. “We manage… Read More:
US and China conflict goes way beyond trade, says Ray Dalio, founder of world's largest hedge fund – CNBC
The dispute between the U.S. and China over trade deficits and surpluses is rather trivial compared to the broader philosophical differences between the world’s two… Read More:
Pot banking takes off in US as women forge path around ban – American Banker
A federal prohibition on marijuana has locked U.S. banks out of an industry surging toward $75 billion in sales. Who’s catching that money? A small… Read More:
Putin comfortable with oil price staying close to $70 – Financial Times
Russia’s president said he was comfortable with a crude price around $70 a barrel, adding he had discussed the situation with his US counterpart. “The… Read More:
UM forecast: US economy to start slowing, deficit and workers' wages to rise – Detroit Free Press
The nation’s GDP has grown faster than expected in 2018, but at the cost of a widening budget deficit.(Photo: Mark Wilson, Getty Images) The U.S.… Read More:
Why Are Oil Prices Dropping Sharply? Global Economy Forecast Softer – Forbes
Oil prices jumped in September and early October of this year (2018), but have dropped $20 a barrel in the last few weeks. The sharp… Read More:
Online banking boom for SafeAmerica after system switch – Credit Union Journal
Being located in the heart of Silicon Valley means members of SafeAmerica Credit Union have high expectations for technology. This motivated the $433 million-asset institution… Read More:
Where We Are In The Cannabis Stock Market Cycle – An Update – Seeking Alpha
Summary In February 2018, I observed the cannabis stocks were transitioning from the first stage of the bull market to the second stage. I said… Read More:
Shares of banks, small-cap companies fall in London stock market, amid Brexit turmoil – MarketWatch
London’s big banks were under pressure Thursday, but the FTSE 100 managed to stay in the black as the pound plunged after resignations in the… Read More:
The Stock Market Economy – Seeking Alpha
Read Kimberly’s latest article discussing daily headlines Was Israel Defeated This Week? Posted: November 15, 2018 A new harbinger came to Temple Mount this week.… Read More:
Luther Luxembourg Welcomes New Banking, Finance and Capital Markets Partner – Leaders League (press release)
Bob Scharfe focuses on advising banks, multi-national corporations and private equity firms on a wide range of banking and financing matters, capital markets, structured finance,… Read More:
Pot Banking Takes Off in US as Women Forge Path Around Ban – Bloomberg
Read Kimberly’s latest article discussing daily headlines Was Israel Defeated This Week? Posted: November 15, 2018 A new harbinger came to Temple Mount this week.… Read More:
Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances – CoinDesk
Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments. A strategic partnership between the firms addresses the need for… Read More:
CivilisedBank Ready To Reapply For Banking License – PYMNTS.com
U.K. challenger bank CivilisedBank forfeited its banking license earlier this year with plans to shift its focus to underlying infrastructure and technology. Now, the company… Read More:
Dow Jones Futures: Apple, JPMorgan, Cisco Systems, Walmart Lead 6 Key Movers – Investor's Business Daily
Dow Jones futures and S&P 500 futures rose modestly Thursday morning while Nasdaq futures climbed solidly after Dow Jones tech titan Apple (AAPL) once again led… Read More:
What a pair of jeans can teach us about the global economy – Marketplace.org
You know the book “The Sisterhood of the Traveling Pants”? It’s a story about a group of friends who spend a summer in different parts… Read More:
Oil steadies but remains threatened by potential supply glut – CNBC
Oil prices steadied on Thursday, having lost nearly 7 percent over the previous three days, but concern over the prospect of an oversupplied market next… Read More:
Gas prices plummet amid 'bewildering' decline for oil as Thanksgiving travel approaches – USA TODAY
CLOSE These warning signs should scream danger and prompt you to walk out of the dealership without that new car. USA TODAY Gas prices are… Read More:
The Global Economy in 2019 and Beyond – Bloomberg
Read Kimberly’s latest article discussing daily headlines Was Israel Defeated This Week? Posted: November 15, 2018 A new harbinger came to Temple Mount this week.… Read More:
RPT-COLUMN-Sterling's fate tied to global economy, not Brexit: McGeever – Reuters
(Repeats Wednesday item without changes) By Jamie McGeever LONDON, Nov 14 (Reuters) – Sterling is being whiplashed by Brexit headlines and Brexit headlines only these… Read More:
Cramer: For the first time, Powell seems concerned about the economy, and that's good – CNBC
Federal Reserve Chairman Jerome Powell’s comments about the U.S. economy on Wednesday may have been the central bank chief’s first real acknowledgment of an economic… Read More:
Powell credits Fed policy for the US economy being 'in a good place' – CNBC
Federal Reserve Chairman Jerome Powell expressed confidence in U.S. economic strength Wednesday and said markets will have to get used to the idea that the… Read More:
Latest NFIB Report Confirms Robust Health of US Economy – The New American
Just when concerns over the future of the U.S. economy have reached fever pitch thanks to the recent volatility on Wall Street, along comes the… Read More:
Global Economy Shows Strain as US Steams Ahead – Wall Street Journal
430 Comments By William Boston in Berlin, William Boston The Wall Street Journal Biography @berlindiary BerlinDiary william.boston@wsj.com Josh Zumbrun in Washington and Josh Zumbrun The… Read More:
Sterling's fate tied to global economy, not Brexit: Jamie McGeever – The Australian Financial Review
All else being equal, no move at all from the Bank of England could help to push the pound back down towards $US1.20 from $US1.30… Read More:
Real Time Economics: Signs of Trouble for the Global Economy – Wall Street Journal (blog)
Nov 14, 2018 4:49 am ET This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Suddenly,… Read More:
Big Stocks Rock NASDAQ as Two FAANGs Bite the Dust – The Great Recession Blog
Big Stocks Rock NASDAQ as Two FAANGs Bite the DustTwo of the original FAANG stocks that carried the US stock market higher throughout the Fed’s… Read More:
Housing Market Collapse 2.0 Accelerates Rapidly! – The Great Recession Blog
Just ten days ago, your Lone Ranger here laid out why one should see the barely beginning downturn of the housing market in Seattle as… Read More:
An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades – The Washington Post
The exodus is Latin America’s biggest migration crisis in decades. Source: An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades –… Read More:
Stock Market Volatility Attributed to Shenanigans
Technical expert Michael Ballanger explores the maneuvering he believes underlies current market fluctuations. Source: Stock Market Volatility Attributed to Shenanigans
US Stock Market in Position for Downwave #2
Technical analyst Clive Maund explains why he believes the stock market rally of the past couple of weeks is not a resumption of the bull… Read More:
Asian Stock Markets Gain After Wall Street Rally | Business News | US News
Asian stock markets have risen following Wall Street’s rally as investors look ahead to the U.S. Federal Reserve chairman’s congressional testimony for insights into its… Read More:
The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
According to a yearlong exploration of the productivity puzzle. Source: The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
UK economic growth revised downwards – BBC News
Economic growth was a worse than expected 0.4% in the last three months of 2017, official figures say. Source: UK economic growth revised downwards –… Read More:
Fed Officials Say Economy Is Ready for Higher Rates – The New York Times
The Fed has gained confidence the economy is strong enough to continue raising interest rates, according to the minutes of its most recent meeting. Read… Read More:
Premarket: Stocks dip; Germany’s diesel decision; British American Tobacco stock suffers – Feb. 22, 2018
Here’s what you need to know about the markets before you start your business day. 1. Negative sentiment takes hold: US stock futures are pointing down again,… Read More:
Epochal Stock Market Flash Crash Reconnects Stocks and Bonds, Portends End of Fake Recovery – The Great Recession Blog
It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that… Read More:
Stocks shrug off pop in rates, Dow up more than 100 points
Stocks rose in choppy trade Wednesday as Wall Street tried to build on the strong gains set in the previous session. Source: Stocks shrug off… Read More:
Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says – Bloomberg
The tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs… Read More:
Dow plunges 1,175 — worst point decline in history
Asian shares fell sharply on Tuesday after Wall Street suffered its biggest decline since 2011 as investors’ faith in markets began to crumble. Japan’s Nikkei… Read More:
Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
It was another crazy news week, so it’s understandable if you missed a small but important announcement from the Treasury Department: The federal government is… Read More:
Former Fed Chair Alan Greenspan Sees Bubbles in Stocks and Bonds – Bloomberg
The man who made the term “irrational exuberance” famous says investors are at it again. Source: Former Fed Chair Alan Greenspan Sees Bubbles in Stocks… Read More:
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970 – WSJ
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing… Read More:
Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Cryptocurrencies crash after India vows to eliminate their use Source: Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Investors dump US dollar & rush to gold — RT Business News
The gold price rose to its highest level in more than a year on Thursday as investors seek a safe haven after the US dollar… Read More:
One person was already able to ‘shoplift’ from Amazon Go
On Monday, Amazon Go, the company’s new cashier-less mini-market opened in downtown Seattle, showing the world what retail shopping in the future could look like.… Read More:
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some items – NaturalNews.com
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some itemsMonday, January 15, 2018 by: Isabelle Z. Tags:… Read More:
U.S. oil industry set to break record, upend global trade
U.S. and Global Economy U.S. oil industry set to break record, upend global trade Liz Hampton8 MIN (Reuters) – Surging shale production is poised to… Read More:
Dow Industrials Top 26000 for First Time as Earnings Season Ramps Up – WSJ
Dow Industrials Top 26000 for First Time as Earnings Season Ramps UpDollar rebounds from a three-year low, while bitcoin’s selloff accelerates The Dow Jones Industrial… Read More:
What is Behind the Diplomatic Rush of Gulf countries ?
Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Egypt, Yemen, Libya, the Maldives and Mauritania announced on Monday an extraordinary step of cutting off diplomatic… Read More:
Qatari policy on refugees and security in the Middle East
According to Gulf Times, The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, called for a political settlement of the conflict in Syria, where millions… Read More:
U.S. Conceal the Economic Causes of the Airstrike
According to the Video clips Editor at the Financial Times, Jamie Han, tensions around Syria are rising with every passing day. The second U.S.-led attack… Read More:
US-led Coalition Airstrike On Assad’s Forces Was Not Accidental
On May 18, the moving convoy of the Syrian pro-government forces consisted of militias was hit by a massive airstrike of the U.S.-led international coalition.… Read More:
INVESTIGATION: Route of Bulgarian Weapon Deliveries to Syrian Islamists Exposed
Inside Syria Media Center has conducted an investigation to expose a U.S.-backed of weapon supplies to the al-Qaeda group in Syria. The suppliers list starts… Read More: